Examples of Fixed Charge Trigger Period in a sentence
Permit the Consolidated Fixed Charge Coverage Ratio, determined on a Pro Forma Basis as of (i) the last day of the Measurement Period most recently ended before the commencement of a Fixed Charge Trigger Period and (ii) the last day of each Measurement Period thereafter ending during any Fixed Charge Trigger Period to be less than 1.00 to 1.00 for such Measurement Period.
During a Fixed Charge Trigger Period, permit the Fixed Charge Coverage Ratio to be less than 1.00:1.00, determined (a) immediately upon the commencement of such Fixed Charge Trigger Period based on the most recently ended trailing 12-month period for which the relevant financial statements have been delivered to the Administrative Agent and (b) at each fiscal quarter end thereafter for the 12-month period then ended until the Fixed Charge Trigger Period has ended.
Permit the Consolidated Fixed Charge Coverage Ratio to be less than 1.00 to 1.00 determined as of (i) the last day of the Measurement Period most recently ended before the commencement of a Fixed Charge Trigger Period and (ii) the last day of each Measurement Period thereafter ending during any Fixed Charge Trigger Period.
During any Fixed Charge Trigger Period, permit the Consolidated Fixed Charge Coverage Ratio for any Measurement Period, calculated as of the last day of each month to be less than 1.10 to 1.00.
Maintain a Fixed Charge Coverage Ratio for each twelve (12) month period of at least 1.00 to 1.00 while a Fixed Charge Trigger Period is in effect, measured for the most recent period for which financial statements were delivered hereunder prior to the Fixed Charge Trigger Period and each twelve (12) month period ending thereafter.